Description
Great development and investor opportunity. A prime location surrounded by ongoing multi family, medical offices and shopping centers Subject has the superior Temecula Valley city lights and panoramic valley view in the heart of Golden Triangle between Freeway 15 and 215 in Temecula Valley.
Also located between the Orange, Los Angeles, and San Diego County. Excellent development opportunity for high density residential and mixed-use commercial. The sales include two parcels with APN# 949-180-011 for $1,850,000 & 949-180-012 for $1,650,000. There is one home on each parcel and both homes are tenant occupied with a total monthly rental of $3,100.
"VALUE IS IN LAND" properties being sold "AS IS". The properties are currently zoned Mixed use/office with "TRANSIT ORIENTED HIGH DENSITY RESIDENTIAL OVERLAY ". The future potential development includes "HIGH DENCITY / MULTIFAMILY RESIDENTIAL", office, church, private school & variety of other uses. Buyer and buyer broker/agent to do their due diligence verifying all information including zoning.
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Listing Agent: Ed Farnaghi
Listing Office: Citiwide Group, Inc.
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